i) A Moving to another question will save this response. > Question 10 1 points Save Answer Compared to a monopoly, a perfectly competitive producer: O a. Charges a higher price and produces more O b. Creates more dead-weight loss O c. Both a) and b) are true O d. Neither a) nor b) is true A Moving to another question will save this response. >hi) A Moving to another question will save this response. > Question 11 1 points Save Answer Which of the following is true? O a. When Marginal Cost increases, Average Total Cost also increases. O b. When Marginal Cost is higher than Average Total Cost, Average Total Cost increases O c. Both a) and b) are true O d. Neither a) nor b) is true A Moving to another question will save this response. >i) A Moving to another question will save this response. > Question 12 1 points Save Answer What is true about the Marginal Revenue for a perfectly competitive producer? O a. It is greater than the price per unit of the product O b. It is always equal to the price per unit of the product c. It is less than the price per unit of the product O d. It is always less than marginal cost of each unit A Moving to another question will save this response. >